Since the collapse of the Soviet Union, the Kyrgyz Republic has made significant progress in adopting market-based reforms, with private sector development as the key engine of growth. Nevertheless, growth has occurred largely from natural resource exploitation and remittances-backed private consumption.
The Asian Development Bank (ADB) approved the Road Network Improvement and Maintenance Project II for a loan of $126 million in November 2003 to help the government of Bangladesh achieve economic growth and poverty reduction.
The main purpose of the Gujarat Solar Power Transmission Project, funded by a $100 million loan approved by the Asian Development Bank (ADB) in September 20111, was to provide a high voltage connection from the Charanka Solar Park in Patan district of Gujarat to the state and national grids to the enable evacuation of solar power generated by the park’s privately funded solar farms.
Electricity is a key driver of economic growth and poverty reduction. Recognizing this, the government of India declared providing electricity to all households at an affordable price by 2012 as its mission and announced the Power for All by 2012 policy.